NOT LISTED FOR SALE

Estimated Value: $478,000 - $748,000

1 Bed
3 Baths
840 Sq Ft
$800/Sq Ft Est. Value

Last Sold October 21, 2017

Last sale price $256,000 $305 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $3,765/month

27 Days on Market

Highlights

  • Community Playground
  • Community Barbecue Grill
  • Central Heating and Cooling System
  • Phoenix Coding Academy Rated A
  • Ceramic Tile Flooring
  • Ceiling Fan

About This Home

As of October 2017

DON'T DELAY - THIS ADORABLE RED BRICK CHARMER SOLD LAST TIME IN JUST 4 DAYS! WELL MAINTAINED AND UPGRADED TRIPLEX CONSISTS OF SMALL BUNGALOW AND 2 STORY DUPLEX. FULLY RENTED WITH LONG TERM TENANTS NOW ON MONTH TO MONTH LEASES. 2 BEDROOMS AND 1 BATH EACH, APX 840 SQ FT. BUNGALOW IS ADORABLE, REMODELED IN 2007/NEW A/C HEAT PUMP IN 2011/MICRO/DISHWASHER/DISPOSAL. UNIT B HAS NEW CARPETING AND CUTE COURTYARD,WATER HEATER IN 2015.UNIT C HAS PRIVATE STAIRWELL & HUGE BALCONY.NEW A/C 2016/WATER HEATER 2015. ALL UNITS HAVE CEILING FANS, INSIDE LAUNDRIES & SEPARATE STORAGE AREA. LOVELY GRASSY COMMON AREA. GREAT NEIGHBORHOOD! WALK TO PHOENIX COLLEGE OR LIGHT RAIL...RENTS ARE CURRENTLY BELOW MARKET. YOU'LL HAVE ZERO VACANCIES HERE - GREAT OPPORTUNITY!!!

Last Agent to Sell the Property

Rosemarie Barton

Berkshire Hathaway HomeServices Arizona Properties License #BR508285000 Listed on: 08/21/2017

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

Laney Brandt

Compass License #SA509279000

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,129

Year Built

  • Built in 1950

Lot Details

  • 8,451

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking
  • Free Parking
  • Paved Parking
  • On-Street Parking
  • Assigned Parking

Schools

  • Clarendon Elementary School
  • Osborn Middle School
  • Central High School

Utilities

  • Central Heating and Cooling System
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Individual Controls for Heating
  • Wall Furnace
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Legal Lot and Block 9 / 1
  • Assessor Parcel Number 110-14-009

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are irregular
  • Clarendon Square Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground

Building Details

  • Operating Expense $5,669
  • Gross Income $20,312
  • Net Operating Income $14,643

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,129

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: 15th Avenue & Indian School Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2016
  • Directions: South 1/2 mile to Clarendon. Red brick Triplex is located on the SE corner of 15th Ave and Clarendon.
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s)
  • Subdivision Name: CLARENDON SQUARE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Brick Veneer, Block
  • Roof: Composition, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Paved Parking, Free, Assigned, Add'l Parking Avail, >1 Space Per Unit, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central A/C, Heat Pump, Electric, Ceiling Fan(s)
  • Heating: Individual, Central, Natural Gas, Floor Furnace, Wall Furnace
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter, Submetered System
  • Heating:Natural Gas: Yes
  • Heating:Individual: Yes
  • Heating:Central: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, Play Area

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Barbecue: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes
  • Community Amenities:Play Area: Yes

Fee Information

  • Annual Water Sewer Expense: 2160.0

Schools

  • Elementary School: Clarendon School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: irregular
  • Additional Parcels: No
  • Parcel #: 110-14-009

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 20311.8
  • Insurance Expense: 1130.0
  • Maintenance Expense: 800.0
  • Property Net Operating Income: 14642.8
  • Annual Operating Expense: 5669.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1129.0
  • Tax Block: 1
  • Tax Book Number: 110.00
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2024
Sold by
Berrett Group Properties Llc
Bought by
Berrett Group Three Llc
Total Days on Market
27
Current Estimated Value
$652,346

Purchase Details

Closed on
Jul 29, 2022
Sold by
Lkb Arizona Llc
Bought by
Berrett Group Properties Llc

Purchase Details

Closed on
May 17, 2022
Sold by
Berrett Group Properties Llc
Bought by
Berrett Sharon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2018
Sold by
Berrett Sharon
Bought by
Barrett Group Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 14, 2018
Sold by
Berrett Group Properties Llc
Bought by
Berrett Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 21, 2017
Closed on
Oct 13, 2017
Sold by
Westhoff Wendy A
Bought by
The Berrett Group Properties Llc
Seller's Agent
Rosemarie Barton
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Laney Brandt
Compass
List Price
$249,900
Sold Price
$256,000
Premium/Discount to List
$6,100
2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.45%
Original Mortgage
$208,000
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2005
Sold by
Hagen Adam
Bought by
Westhoff Wendy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.06%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 30, 2004
Sold by
Lane Edward B and Lane Donna M
Bought by
Hagen Adam and Hagen Adam Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,900
Interest Rate
7.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 6, 2002
Sold by
Graham Fox Judith A
Bought by
Lane Edward B and Lane Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,700
Interest Rate
6.85%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 4, 1999
Sold by
Stomps Gerald E and Stomps Hazelynn K
Bought by
Graham Fox Judith A

Purchase Details

Closed on
Apr 24, 1998
Sold by
Mann Kevin E and Mann Marie A
Bought by
Stomps Gerald E and Stomps Hazelynn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,800
Interest Rate
7.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 1994
Sold by
Mann John R and Mann Joyce R
Bought by
Mann Kevin E and Mann Marie A
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Berrett Group Three Llc -- --
Berrett Group Properties Llc -- American Title Services
Berrett Sharon M -- New Title Company Name
Barrett Group Properties Llc -- Accommodation
Berrett Sharon -- Great American Title Agency
The Berrett Group Properties Llc $256,000 Wfg National Title Insurance
Westhoff Wendy A $300,000 Arizona Title Agency Inc
Hagen Adam $199,900 First American Title Ins Co
Lane Edward B $143,000 Transnation Title Insurance
Graham Fox Judith A $102,000 Fidelity Title
Stomps Gerald E $88,500 North American Title Agency
Mann Kevin E -- Trans National Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berrett Sharon M $210,000
Previous Owner Berrett Sharon $216,000
Previous Owner Berrett Sharon $216,000
Previous Owner The Berrett Group Properties Llc $208,000
Previous Owner Berrett Group Properties Llc $208,000
Previous Owner Westhoff Wendy A $240,000
Previous Owner Hagen Adam $159,900
Previous Owner Lane Edward B $128,700
Previous Owner Stomps Gerald E $70,800
Closed Hagen Adam $19,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2017 10/21/17 Sold $256,000 +2.4% $305 / Sq Ft
10/20/2017 10/20/17 For Sale $249,900 0.0% $298 / Sq Ft
09/17/2017 09/17/17 Pending -- -- --
08/21/2017 08/21/17 For Sale $249,900 -- $298 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,447 $11,528 -- --
2024 $1,397 $10,979 -- --
2023 $1,397 $47,000 $9,400 $37,600
2022 $1,390 $32,560 $6,510 $26,050
2021 $1,413 $28,530 $5,700 $22,830
2020 $1,378 $23,800 $4,760 $19,040
2019 $1,318 $20,460 $4,090 $16,370
2018 $1,274 $17,560 $3,510 $14,050
2017 $1,170 $14,450 $2,890 $11,560
2016 $1,129 $12,530 $2,500 $10,030
2015 $1,049 $11,100 $2,220 $8,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5649566

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-14-009